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S&P
BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
540530
Company
Housing & Urban Development Corporation Ltd
Exchange Received Time
11/11/2019 17:52:15
Exchange Disseminated Time
11/11/2019 17:52:19
Time Taken
00:00:04
Announcement under Regulation 30 (LODR)-Credit Rating |
11/11/19 17:52
In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Moody's Investor Service, Singapore, by press release dated 8th November, 2019, has affirmed the ratings of Housing and Urban Development Corporation Limited (HUDCO) at 'Baa2' level (i.e. at the Sovereign ceiling). At the same time, Moody's has revised the outlook of HUDCO to Negative from Stable. The rating action follows the affirmation of India's 'Baa2' Sovereign rating and the change in the outlook to 'Negative' from 'Stable'.
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